On Tuesday, Domyn (previously recognized as iGenius), an emerging artificial intelligence startup in Italy, declared that it had brought on board Stefano Pasquali, who previously served as a managing director at BlackRock, to helm its recently formed financial services division. Boasting a valuation exceeding $1 billion, Domyn is in the process of crafting AI tools tailored for the financial sector and constructing what it touts as "Europe's most extensive supercomputer." The firm offers AI infrastructure services to a range of entities, including banks, insurance providers, and asset management companies, empowering clients to maintain complete control over their data, models, and intellectual property.